EURUSD 24 Oct 2023 Intraday Analysis

This is my Intraday analysis on EURUSD for 24 Oct 2023 based on Smart Money Concept (SMC) which includes the following Time Frames:

• 4H
  
• 15m
  

4H Chart Analysis


1.

• Bullish Swing
  
• Bullish INT
  

2.

• Price made a Bullish Swing BOS and we expecting after a break of structure a Swing pullback and a CHoCH is the first sign that the Swing pullback maybe starting.
  
• I'd prefer buys from demand zones instead of playing the pullbacks as price is currently bullish after being for a long period bearish.
  
• Demand zones within the current bullish Swing will provide opportunities for buys.
  

3.

• Daily and 4H Supply zone that current price action is targeting and could provide reaction for shorts opportunity using Entry Model with LTF confirmation.
  
• But me mindful that no confirmation for bullish move weakness and there is Liquidity above this supply zone price is targeting.
  

15m Chart Analysis


1.

• Swing Bullish
  
• Internal Bullish
  

2.

• After the 15m BOS, we are expecting a Swing pullback, with a bearish iBOS we can confirm the Swing High and the Swing pullback started.
  
• Currently price is within the Daily and 4H Supply zone. So be mindful that we could start he pullback from this zones. Confirmation with iBOS will be the first sign.